Mina Protocol has recently announced a significant shift in its market structure, hinting at a possible bullish trend following a phase of consolidation. According to analysts cited in the report, the outlook is promising. This development has caught the attention of traders and analysts alike, as the token shows signs of potential upward momentum.
Current Trading Status of MINA
Currently, MINA is trading close to the order flow demand zone, which is seen as a robust foundation for future price increases. Analysts are particularly focused on key liquidity pools located at:
- 0.1215
- 0.1339
Outlook and Key Price Levels
These are expected to draw in buyers and support the token's ascent. However, it is crucial for the price to stay above the 0.1061 mark to sustain this optimistic outlook and avoid a reversal in trend.
In a related development, Shiba Inu (SHIB) has shown resilience in the cryptocurrency market, maintaining strong support levels despite fluctuations. For more details, see the full article here.
